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WilLak AB (NGM:WIL) Accounts Receivable : kr1.50 Mil (As of Jun. 2023)


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What is WilLak AB Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. WilLak AB's accounts receivables for the quarter that ended in Jun. 2023 was kr1.50 Mil.

Accounts receivable can be measured by Days Sales Outstanding. WilLak AB's Days Sales Outstanding for the quarter that ended in Jun. 2023 was 157.24.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. WilLak AB's Net-Net Working Capital per share for the quarter that ended in Jun. 2023 was kr-0.19.


WilLak AB Accounts Receivable Historical Data

The historical data trend for WilLak AB's Accounts Receivable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

WilLak AB Accounts Receivable Chart

WilLak AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only 0.91 1.13 0.32 0.92 -

WilLak AB Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.98 0.92 0.13 - 1.50

WilLak AB Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.


WilLak AB Accounts Receivable Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's accounts receivables are being managed.

WilLak AB's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1.5/1.741*91
=157.24

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), WilLak AB's accounts receivable are only considered to be worth 75% of book value:

WilLak AB's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2023 is calculated as:

Net-Net Working Capital Per Share
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0+0.75 * 1.5+0.5 * 0.383-20.518
-0-0)/100.084
=-0.19

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.


WilLak AB Accounts Receivable Related Terms

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WilLak AB (NGM:WIL) Business Description

Traded in Other Exchanges
N/A
Address
Northern Oskarsgatan 34, Linkoping, SWE, 582 73
WilLak AB provides smart building systems to construction companies in apartment buildings. It offers products including steel columns, building systems, curtain wall with wood or steel studs, fire insulation for steel columns and multi-storey structures.

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